SB 505 - Mortgage Broker/Lender License; exempt certain exclusive agents

Committees

Current Status

05/03/06 - Senate Date Signed by Governor

First Reader Summary

A BILL to be entitled an Act to amend Code Section 7-1-1001 of the Official Code of Georgia Annotated, relating to exemptions for certain persons from the requirement of obtaining a mortgage broker or mortgage lender license, so as to exempt certain exclusive agents of licensed mortgage brokers or lenders; to provide for related matters; to provide an effective date; to repeal conflicting laws; and for other purposes.

Votes

Electronically Recorded Votes
Date Time Vote No Yeas Nays NV Exc Description
03/08/06 03:04 PM Senate Vote #765 045 003 005 003 PASSAGE BY SUBSTITUTE
03/24/06 11:05 AM House Vote #982 113 045 017 005 PASS

Status History

Bill History
Date Action
02/02/2006 Senate Read and Referred
03/01/2006 Senate Committee Favorably Reported
03/02/2006 Senate Read Second Time
03/08/2006 Senate Third Read
03/08/2006 Senate Passed/Adopted
03/09/2006 House First Readers
03/13/2006 House Second Readers
03/22/2006 House Committee Favorably Reported
03/24/2006 House Third Readers
03/24/2006 House Passed/Adopted
04/20/2006 Senate Date Signed by Governor
04/20/2006 Senate Sent to Governor
05/03/2006 Senate Date Signed by Governor
05/03/2006 Act 748
07/01/2006 Effective Date

Footnotes

3/24/06 Modified Structured Rule